Capital One and HPE-backed Thoughtspot was valued just shy of $2bn in a round that increased the total raised by the data analysis software provider to more than $550m.
ThoughtSpot, a US-based analytics software provider that counts enterprise technology producer Hewlett Packard Enterprise (HPE) and financial services firm Capital One as investors, completed a $248m funding round yesterday.
The oversubscribed round included Silver Lake Waterman, a growth capital fund run by private equity firm Silver Lake, as well as venture capital firms Lightspeed Venture Partners, Sapphire Ventures and Geodesic Capital, and was closed at a $1.95bn valuation.
ThoughtSpot’s artificial intelligence-equipped platform enables employees of organisations to analyse large volumes…
